KUALA LUMPUR, Nov 7 — The ringgit opened higher against the greenback as the United States (US) reported a higher unemployment rate and lower wage inflation last Friday.
KOTA BHARU, Nov 6 — The current shortage of eggs in the country is caused by smuggling activities to neighbouring Thailand, said Special Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.
KUALA LUMPUR, Nov 5 — The ringgit is expected to come under pressure and weaken against the US dollar next week mainly driven by external headwinds and domestic factors, said analysts.
KUALA LUMPUR, Nov 4 — The ringgit ended lower against the US dollar on Friday due to a lack of market catalysts, exacerbated by global market uncertainties, dealers said.
KUALA LUMPUR, Nov 4 — The ringgit opened flat against the US dollar this morning as investors opted for a wait-and-see attitude as the rate hike expectation has been factored in, a dealer said.
KUALA LUMPUR, Nov 3 — The ringgit ended at a fresh all-time low against the US dollar on Thursday due to weak sentiment amid the strengthening greenback, analysts said.
KUALA LUMPUR, Nov 3 — MIDF Research expected Bank Negara Malaysia (BNM) to front-load its monetary bullets by raising the Overnight Policy Rate (OPR) to pre-pandemic levels of 3.00 per cent by January 2023.
KUALA LUMPUR, Nov 3 — Malayan Banking Bhd (Maybank) will revise upwards its standardised base rate (SBR), base rate (BR) and base lending rate (BLR) by 25 basis points (bps) effective November 7, 2022, following the Overnight Policy Rate (OPR) hike announced today.
KUALA LUMPUR, Nov 3 — Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive hike since May this year as the central bank’s monetary policy committee (MPC) decided to further adjust the degree of monetary accommodation.
KUALA SELANGOR, Nov 3 — The ringgit exchange rate depended on the country’s economic fundamentals and is also influenced by interest rates in the United States (US), Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.
SINGAPORE, Nov 3 — Singapore's Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) on Wednesday (November 2) jointly launched a digital process for businesses and individuals to provide a banker's guarantee or insurance bond to government agencies within a day, reported Xinhua.
HONG KONG, Nov 3 — The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 4.25 per cent, hours after the US Federal Reserve delivered a rate hike of the same margin.
NEW YORK, Nov 3 — The US dollar weakened in late trading on Wednesday as market participants digested the Federal Reserve's latest announcement on rates, reported Xinhua.
KUALA LUMPUR, Nov 3 — Capital A Bhd shares fell in early trade today following its announcement of the disposal of its remaining 16.33 per cent stake in AirAsia India (AAI) for gross proceeds of RM89.23 million.
KUALA LUMPUR, Nov 3 (Bernama) -- The ringgit opened lower against the US dollar for the sixth consecutive day today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), a dealer said.
KUALA LUMPUR, Nov 2 — Standard Chartered expects Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive 25bps hike since May this year.
KUALA LUMPUR, Nov 2 — The ringgit opened lower against the US dollar for the fifth consecutive day today as investors paid close attention to the US Federal Reserve (Fed) decision later today, dealers said.
By Emyr Malik SHAH ALAM, Nov 2 — The Malaysian economy fared better under the Pakatan Harapan (PH) administration compared to when it was led by the Perikatan Nasional (PN) and Barisan Nasional (BN) governments, despite the fact that PH helmed the country for only 22 months. This is evident...
KUALA LUMPUR, Nov 1 — The ringgit extended yesterday’s losses to close lower against the US dollar on Tuesday on better demand for the greenback and on the concern of an impending interest rate hike by the US Federal Reserve (Fed), dealers said At 6pm, the ringgit depreciated to 4.7345/7375...
KOTA BHARU, Nov 1 — The government has agreed to increase the subsidy for Grade A, B, and C eggs by two sen from today, said the Special Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.
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